NJ Gas Prices Still Climbing While National Average Falls

Average retail gasoline prices in NJ have risen 1.1 cents per gallon in the past week, averaging $3.25/g yesterday, according to NewJerseyGasPrices.com.

STATE — Average retail gasoline prices in New Jersey have risen 1.1 cents per gallon in the past week, averaging $3.25 per gallon yesterday. This compares with the national average that has fallen 0.7 cents per gallon in the last week to $3.24/g, according to gasoline price website NewJerseyGasPrices.com.

Including the change in gas prices in New Jersey during the past week, prices yesterday were 11.7 cents per gallon lower than the same day one year ago and are 17.5 cents per gallon higher than a month ago. The national average has increased 3.9 cents per gallon during the last month and stands 10.4 cents per gallon lower than this day one year ago.

“The National Weather Service says this week begins with much of California under a ‘hard freeze warning’ and separate storm systems tracking across the Great Lakes region and from the Gulf Coast to the northeast, bringing snow, sleet and freezing rain from the Lower Mississippi River Valley northeastward to New England,’ said Gregg Laskoski, senior petroleum analyst, GasBuddy.

“Under conditions like that, consumer demand usually declines and that often results in a nominal decrease in retail gas prices,” Laskoski added. “That may be what lies ahead this week.”